Cabinet clears non-lapsable fund for health care
[ad_1]
Amount accruing from health cess to be managed by Health Ministry.
The Union Cabinet, chaired by Prime Minister Narendra Modi, has permitted the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN), a single non-lapsable reserve fund for health from the proceeds of Health and Education Cess levied underneath Section 136-b of Finance Act, 2007.
In its launch issued on Wednesday, the federal government mentioned the key advantages of PMSSN would be the enhanced entry to common and reasonably priced health care via availability of earmarked assets, whereas guaranteeing that the quantity doesn’t lapse on the finish of the monetary yr.
In the 2018 Budget, the Central Government whereas asserting Ayushman Bharat Scheme, additionally introduced alternative of current 3% Education Cess by 4% Health and Education Cess, the launched added.
“Proceeds of share of health in the Health and Education Cess will be credited into PMSSN and accruals into the PMSSN will be utilized for the flagship schemes of the Health Ministry — Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), Ayushman Bharat-Health and Wellness Centres (AB-HWCs), National Health Mission, Pradhan Mantri Swasthya Suraksha Yojana (PMSSY), emergency and disaster preparedness and responses during health emergencies and any future programme/scheme that targets to achieve progress towards SDGs and the targets set out in the National Health Policy (NHP) 2017,” famous the discharge.
It added that administration and upkeep of the PMSSN is entrusted to the Health Ministry and in any monetary yr, the expenditure on such schemes of the Ministry could be initially incurred from the PMSSN and thereafter, from Gross Budgetary Support (GBS).
Dear subscriber,
Thank you!
Your help for our journalism is invaluable. It’s a help for fact and equity in journalism. It has helped us maintain apace with occasions and happenings.
The Puucho has all the time stood for journalism that’s within the public curiosity. At this tough time, it turns into much more necessary that we’ve got entry to info that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you aren’t solely a beneficiary of our work but in addition its enabler.
We additionally reiterate right here the promise that our staff of reporters, copy editors, fact-checkers, designers, and photographers will ship high quality journalism that stays away from vested curiosity and political propaganda.
[ad_2]
